When a Company Reacquires Its Own Stock, the Entry to Record

question 59

Multiple Choice

When a company reacquires its own stock, the entry to record the reacquisition could include an entry to Additional Paid-in Capital from Treasury Stock under which of the following methods? $\begin{array}{lll}&\text { Cost Method }&\text { Par Value Method }\\\text { I. } & \text { Yes } & \text { Yes } \\\text { II. } & \text { Yes } & \text { No } \\\text { III. } & \text { No } & \text { No } \\\text { IV } & \text { No } & \text { Yes }\end{array}$

• A)I
• B)II
• C)III
• D)IV

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Definitions:

Aggressive Wishes

Intrapsychic desires or impulses towards acting out aggressions or hostilities, which may stem from personal conflicts or frustrations.

Primary Content

The main or essential subject matter of a communication, document, or media, which is central to its purpose or message.

Manifest Content

Freud’s term for the content of a dream as recalled by the dreamer.

Latent Content

Freud’s term for the underlying meaning of a dream.